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Post by Deleted on Jul 27, 2018 6:33:27 GMT -5
Disclaimer: I am in no way an economist or a financial scholar. Why shouldn't trade be a level playing field? I asked my ultra-liberal-Trump-hating FIL and all I got was more BS about Russia and the porn star. It's an honest question that I have yet to hear an answer to. I am in the construction business and am on job sites all day every day. I absolutely cannot remember the last time I went a whole day without hearing contractors complain about not being able to find any help.Exactly......there is more work then people that want to work. 2nd that and there are a lot of empty very high paying jobs. Huge shortage in the Engineering field.
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Post by Woody Williams on Jul 27, 2018 7:02:17 GMT -5
I saw this on FaceBook on KTLA (Los Angeles) -
I guess the Assemblywoman thinks only illegal aliens can be "qualified taco cooks".
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Post by jimstc on Jul 27, 2018 7:06:06 GMT -5
Disclaimer: I am in no way an economist or a financial scholar. Why shouldn't trade be a level playing field? I asked my ultra-liberal-Trump-hating FIL and all I got was more BS about Russia and the porn star. It's an honest question that I have yet to hear an answer to. I am in the construction business and am on job sites all day every day. I absolutely cannot remember the last time I went a whole day without hearing contractors complain about not being able to find any help.Exactly......there is more work then people that want to work. Ditto. It is called the Participation Rate which means the number of people who are actively seeking work versus those who have dropped out of the workforce. It got its to lowest point during the Obama administration. Lowest since the 1960's. As I recall the Participation Rate fell to the mid 60% range. Meaning that almost 35% of the workforce was not actively seeking work. That was the main way Obama was able to tout falling unemployment: people not looking for work are not counted for unemployment numbers. Hence falling unemployment rate. Kind of like cooking the books
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Post by dbd870 on Jul 27, 2018 7:09:35 GMT -5
Disclaimer: I am in no way an economist or a financial scholar. Why shouldn't trade be a level playing field? I asked my ultra-liberal-Trump-hating FIL and all I got was more BS about Russia and the porn star. It's an honest question that I have yet to hear an answer to. I am in the construction business and am on job sites all day every day. I absolutely cannot remember the last time I went a whole day without hearing contractors complain about not being able to find any help.Exactly......there is more work then people that want to work. Problem is we have gone long enough with too few people getting in to the skilled trades or industrial technician type jobs that we boomers are retiring or close to retiring and there aren't nearly enough coming behind us to make up for the knowledge loss. We don't need a 20 year old newbie. We need the 35-40 year old with 15-20 years experience. It's starting to be a real problem and it's only going to get worse
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Post by lawrencecountyhunter on Jul 27, 2018 7:18:21 GMT -5
I saw this on FaceBook on KTLA (Los Angeles) - I guess the Assemblywoman thinks only illegal aliens can be "qualified taco cooks". This is what happens when all those quality, (relatively) high paying jobs become available.. we lose all of our danged taco cooks!
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Post by greghopper on Jul 27, 2018 7:22:11 GMT -5
I saw this on FaceBook on KTLA (Los Angeles) - I guess the Assemblywoman thinks only illegal aliens can be "qualified taco cooks". This is what happens when all those quality, (relatively) high paying jobs become available.. we lose all of our danged taco cooks! They're problary building the "Wall".....and eating their own Tacos!
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Post by lawrencecountyhunter on Jul 27, 2018 7:28:09 GMT -5
Exactly......there is more work then people that want to work. Problem is we have gone long enough with too few people getting in to the skilled trades or industrial technician type jobs that we boomers are retiring or close to retiring and there aren't nearly enough coming behind us to make up for the knowledge loss. We don't need a 20 year old newbie. We need the 35-40 year old with 15-20 years experience. It's starting to be a real problem and it's only going to get worse I'm almost in that age bracket (31), and I blame it on the education system. When I was in school, if you stayed out of trouble and made good grades then you were told you were "college-bound" regardless if you had interest in truck driving, masonry, pipefitting, auto trades, etc. Really only the sub-par students were encouraged to pursue a skill in the vocational school next door, with the exception of health-occupation interested kids. The culture was that if you decided you didn't want to go to college and wanted to do some sort of apprenticeship or a manual labor job, you had already given up and were doomed to mediocrity.
20 years ago, it was beaten into kids' skulls that all you had to do was go get a 4 year degree.. didn't really matter what in or where from, you just needed that degree and you'd be set for life. Now there are a ton of 20 and 30-something people with a four year degree in literature or the like with no marketable skills, bitter that everything hasn't been handed to them on a silver platter like they were led to believe.
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Post by dbd870 on Jul 27, 2018 8:11:36 GMT -5
Absolutely true; we had a teacher stay with us at the BnB that had a long discussion with us about that very issue over breakfast. He said just recently he finally was making some inroads with his administration on this. Our education system bears a huge amount of the blame
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Post by greghopper on Jul 27, 2018 8:31:36 GMT -5
Exactly......there is more work then people that want to work. Ditto. It is called the Participation Rate which means the number of people who are actively seeking work versus those who have dropped out of the workforce. It got its to lowest point during the Obama administration. Lowest since the 1960's. As I recall the Participation Rate fell to the mid 60% range. Meaning that almost 35% of the workforce was not actively seeking work. That was the main way Obama was able to tout falling unemployment: people not looking for work are not counted for unemployment numbers. Hence falling unemployment rate. Kind of like cooking the books I I always assumed that if you are drawing a unemployment check you are counted in the unemployment figure.... many folks get unemployment checks without looking for work. We lay people off every winter that fall in that group.
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Post by jimstc on Jul 27, 2018 8:44:11 GMT -5
Ditto. It is called the Participation Rate which means the number of people who are actively seeking work versus those who have dropped out of the workforce. It got its to lowest point during the Obama administration. Lowest since the 1960's. As I recall the Participation Rate fell to the mid 60% range. Meaning that almost 35% of the workforce was not actively seeking work. That was the main way Obama was able to tout falling unemployment: people not looking for work are not counted for unemployment numbers. Hence falling unemployment rate. Kind of like cooking the books I I always assumed that if you are drawing a unemployment check you are counted in the unemployment figure.... many folks get unemployment checks without looking for work. We lay people off every winter that fall in that group. This is pure assumption based on very old experience. To draw unemployment you have to periodically meet with your unemployment officer and demonstrate that you are seeking work. That may be different for seasonal occupations. They don't check to verify that you are actually seeking work, in any event. If I think this through, what your saying would decrease the Participation Rate making unemployment numbers even more unreliable. Which is most likely correct.
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Post by firstwd on Jul 27, 2018 8:47:58 GMT -5
What percentage of products the US produced back in the 50's, 60's, and 70's was exported to foreign countries?
What percentage was imported?
I ask these questions because I believe the products from those days were of higher quality and lasted the consumer much longer. Where as todays consumer goods seem to be designed as "throw away" products to be easily and cheaply replaced. Now I'm sure some things are designed to be better now, cars lasting hundreds of thousands of miles is one example. The thing is, one minor collision and those cars are considered totaled and thrown away.
I dare say that none of us have ever lived in a truly capitalistic environment because the Government has had their meddling hand in things for far too long. The definitive proof was when they decided that banks and car companies were too big to fail several years ago.
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Post by firstwd on Jul 27, 2018 8:51:50 GMT -5
I I always assumed that if you are drawing a unemployment check you are counted in the unemployment figure.... many folks get unemployment checks without looking for work. We lay people off every winter that fall in that group. This is pure assumption based on very old experience. To draw unemployment you have to periodically meet with your unemployment officer and demonstrate that you are seeking work. That may be different for seasonal occupations. They don't check to verify that you are actually seeking work, in any event. If I think this through, what your saying would decrease the Participation Rate making unemployment numbers even more unreliable. Which is most likely correct. I live in a small county where our unemployment rate is so low even the places that hire drug users can't find employees. Quite literally every establishment in this town (factory, retail, food) has a help wanted or now hiring sign up. If someone isn't working here it's because they choose not to. Then we have a Chamber of Commerce that is trying to lure new companies to the area.....
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Post by firstwd on Jul 27, 2018 21:10:19 GMT -5
This is pure assumption based on very old experience. To draw unemployment you have to periodically meet with your unemployment officer and demonstrate that you are seeking work. That may be different for seasonal occupations. They don't check to verify that you are actually seeking work, in any event. If I think this through, what your saying would decrease the Participation Rate making unemployment numbers even more unreliable. Which is most likely correct. I live in a small county where our unemployment rate is so low even the places that hire drug users can't find employees. Quite literally every establishment in this town (factory, retail, food) has a help wanted or now hiring sign up. If someone isn't working here it's because they choose not to. Then we have a Chamber of Commerce that is trying to lure new companies to the area..... Somehow I almost forgot, we are getting ready to build a 30 million dollar airport for "economic development"
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Post by beermaker on Jul 28, 2018 6:14:25 GMT -5
Problem is we have gone long enough with too few people getting in to the skilled trades or industrial technician type jobs that we boomers are retiring or close to retiring and there aren't nearly enough coming behind us to make up for the knowledge loss. We don't need a 20 year old newbie. We need the 35-40 year old with 15-20 years experience. It's starting to be a real problem and it's only going to get worse I'm almost in that age bracket (31), and I blame it on the education system. When I was in school, if you stayed out of trouble and made good grades then you were told you were "college-bound" regardless if you had interest in truck driving, masonry, pipefitting, auto trades, etc. Really only the sub-par students were encouraged to pursue a skill in the vocational school next door, with the exception of health-occupation interested kids. The culture was that if you decided you didn't want to go to college and wanted to do some sort of apprenticeship or a manual labor job, you had already given up and were doomed to mediocrity.
20 years ago, it was beaten into kids' skulls that all you had to do was go get a 4 year degree.. didn't really matter what in or where from, you just needed that degree and you'd be set for life. Now there are a ton of 20 and 30-something people with a four year degree in literature or the like with no marketable skills, bitter that everything hasn't been handed to them on a silver platter like they were led to believe.
Pretty much what I would have typed. What type of job does one apply for who has a degree in gender studies? Liberal arts? Fine arts? Etc. My friend's daughter got some sort of literature degree from IU that would only be useful for teaching or law school. She is now his secretary and trying to pay of student loans. The sad thing is that she is tremendously intelligent and could have easily earned a degree in medicine, engineering, etc. I graduated high school in 1992 and the mentality was that the good kids went to college and the misfits went to work at the factories.
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Post by lawrencecountyhunter on Jul 28, 2018 7:04:05 GMT -5
I see now that GDP growth for the last quarter was much higher than economists predicted. They're falling all over themselves to say that's a bad thing now.
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Post by bill9068 on Jul 28, 2018 7:23:58 GMT -5
Correct me if I'm wrong, but didnt Obama change the way the unemployment rate is calculated? As I recall this was done to keep him out of double digit unemployment numbers.
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Post by firstwd on Jul 29, 2018 8:39:29 GMT -5
I'm almost in that age bracket (31), and I blame it on the education system. When I was in school, if you stayed out of trouble and made good grades then you were told you were "college-bound" regardless if you had interest in truck driving, masonry, pipefitting, auto trades, etc. Really only the sub-par students were encouraged to pursue a skill in the vocational school next door, with the exception of health-occupation interested kids. The culture was that if you decided you didn't want to go to college and wanted to do some sort of apprenticeship or a manual labor job, you had already given up and were doomed to mediocrity.
20 years ago, it was beaten into kids' skulls that all you had to do was go get a 4 year degree.. didn't really matter what in or where from, you just needed that degree and you'd be set for life. Now there are a ton of 20 and 30-something people with a four year degree in literature or the like with no marketable skills, bitter that everything hasn't been handed to them on a silver platter like they were led to believe.
Pretty much what I would have typed. What type of job does one apply for who has a degree in gender studies? Liberal arts? Fine arts? Etc. My friend's daughter got some sort of literature degree from IU that would only be useful for teaching or law school. She is now his secretary and trying to pay of student loans. The sad thing is that she is tremendously intelligent and could have easily earned a degree in medicine, engineering, etc. I graduated high school in 1992 and the mentality was that the good kids went to college and the misfits went to work at the factories. 1992 grad myself and your assessment is spot on. I was a good kid, good grades, accepted into Purdue three weeks into my senior year, had enough college prep credits to graduate at the end of my junior year, and enough life experience to go against the system. I didn't go to Purdue, but did do community college during the day while I worked evenings at a factory. When some of my classmates started working after college they ended up at the same factory, $60,000 in student loan debt, and 4 yaers behind in seniority. I too was $60,000 in debt but it was a house and 2 cars, plus I was married with a child and a second one on the way. Each person's life choices are their own, I just with the "establishment" would quit trying to force kids into their idea of the right choice.
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Post by ukwil on Jul 29, 2018 9:46:15 GMT -5
I guess we'll see one way or another in due time. I've been waiting for the sky to fall for a couple years now, but my situation has never been better. I feel the same. I work in the auto industry so there is a major animosity towards Trump and the Republican party. We are working like crazy, but to hear the union and the libtards talk it's all doom and gloom.
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Post by lawrencecountyhunter on Jul 29, 2018 10:02:19 GMT -5
I guess we'll see one way or another in due time. I've been waiting for the sky to fall for a couple years now, but my situation has never been better. I feel the same. I work in the auto industry so there is a major animosity towards Trump and the Republican party. We are working like crazy, but to hear the union and the libtards talk it's all doom and gloom. My dad's always been a union auto-worker, Ford and now GM. I think the same guy who writes the union newsletter also writes the newsletters for NRA.. overblown scare tactics based on a small shred of truth in there somewhere.
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Post by greyhair on Jul 29, 2018 21:09:37 GMT -5
Obama did not change the way the stats were calculated, nor did Bush or Trump. It is done the same way by career professionals. At the end of the Bush administration, unemployment was just over 10%. At the end of Obama, it was 4.9%. Now, after 18 months of Trump it is lower still. So, bad, good, and good, in that order.
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